Greek Development Bank

Half a Billion Euros in Damage to Greece From the Bankruptcy of Thomas Cook

About half a billion euros have been lost to Greek tourism by the bankruptcy of British tourism company Thomas Cook, Kathimerini reports, citing an interview with Greek Tourism Minister.

He announced new measures by the government to soften the effects on the industry, according to BGNES.

The Bankruptcy of Thomas Cook May Cost the Greek Tourism Half a Billion Euros

The Greek tourism lost аbout half a billion euros from the bankruptcy of the British tourism company Thomas Cook, Kathimerini reports, citing an interview with Greek Tourism Minister Haris Theoharis at ANA-MPA.

He announced new measures by the government to mitigate the effects on the industry.

Government withdraws bill that would slash fines on forged invoices after uproar

Straight on the heels of Finance Minister Euclid Tsakalotos' admission of the (unlikely and unwelcome as he said) prospect of a SYRIZA defeat in this year's general election, Deputy PM Yannis Dragasakis alluded to the prospect of a New Democracy victory while addressing opposition MPs in Parliament.

Dragasakis hints at prospective SYRIZA defeat, withdraws forged invoices bill

Straight on the heels of Finance Minister Euclid Tsakalotos' admission of the (unlikely and unwelcome as he said) prospect of a SYRIZA defeat in this year's general election, Deputy PM Yannis Dragasakis alluded to the prospect of a New Democracy victory while addressing opposition MPs in Parliament.